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% of price subject to indexation
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About

Long-term commercial contracts often face the risk of value erosion due to fluctuating input costs. This Price Indexation Calculator uses the Producer Price Index (PPI) to adjust payments accurately, ensuring fairness for both suppliers and buyers. Unlike CPI, which measures consumer costs, PPI measures the average change in selling prices received by domestic producers for their output.

This tool is essential for procurement managers and suppliers negotiating multi-year agreements involving volatile sectors like Energy, Metals, or Logistics. The standard adjustment formula used here is Pnew = Pbase × (1 + PPIcurrent PPIbasePPIbase). Correct application of commodity-specific indices prevents revenue leakage and contract disputes.

PPI contract adjustment business procurement supply chain

Formulas

The price adjustment factor is derived from the relative change in the selected PPI sector index.

Factor = PPInPPI0

The adjusted contract value is:

Valueadj = Valuebase × Factor

If the contract specifies a partial indexation (e.g., only 70% of the price is indexed), the formula becomes:

Pnew = P0 × [Fixed% + (Indexed% × PPInPPI0)]

Reference Data

Sector CodeIndustry SectorBase Index (2000)Trend Volatility
PPI-NRGEnergy & Fuels100.0High (±15%/yr)
PPI-METIron & Steel100.0Med (±8%/yr)
PPI-AGRAgriculture & Grains100.0Med (±10%/yr)
PPI-LBRLabor (mfg)100.0Low (±3%/yr)
PPI-LOGLogistics & Freight100.0Med (±5%/yr)
PPI-CHEIndustrial Chemicals100.0Med (±6%/yr)
PPI-PKGPackaging Materials100.0Low (±2%/yr)

Frequently Asked Questions

Choose the sector that represents the largest cost driver for the goods or services being procured. For example, if buying steel components, use 'Iron & Steel'. If the contract is for delivery services, use 'Logistics & Freight'. Using a general 'All Commodities' index may not reflect the specific cost pressures of your supply chain.
PPI data is often released as 'provisional' and subject to revision for 4 months. Contracts should specify whether to use the preliminary figure to speed up invoicing or wait for the 'final' figure to ensure absolute accuracy.
Generally, no. Rent is usually indexed to CPI (Consumer Price Index) or a specific Rent Index, as it relates to cost of living or property markets. PPI is strictly for the production costs of goods and industrial services.